Yes. The Fed's low interest rate policy has been a huge tax on those prudent investors who held safer assets like cash and T-bills. At the same time, they maxim

Yes. The Fed's low interest rate policy has been a huge tax on those prudent investors who held safer assets like cash and T-bills. At the same time, they maximally rewarded extreme gambling in the markets. That's why we live in world that somewhat resembles the 80s TV show "20 minutes into the future" -- all just crazy schemes and advertising plastered everywhere. Who knows what comes next.